Type Public limited company Industry Logistics CEO Petar Cvetkovic Founded 1975 | Traded as LSE: DX. Headquarters Iver, United Kingdom Motto Delivered Exactly | |
Area served United Kingdom and Ireland Key people Petar Cvetkovic
(Chief Executive Officer) Products DX Exchange
DX Mail
DX Secure
DX Courier
DX 1-Man
DX 2-Man
DX International
DX Logistics Stock price DX (LON) 8.87 GBX +0.36 (+4.18%)8 Mar, 10:49 AM GMT - Disclaimer | ||
The middlesex dx group
DX (Group) plc (trading as DX and DX Freight) is a British mail, courier and logistics company, with operations throughout the United Kingdom and Ireland.
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With operational hubs and head offices in Iver, Northampton, Nuneaton, Warrington, Willenhall and Dublin, plus more than 3,000 staff, DX's network covers most UK and Ireland business and residential addresses.
Established in 1975, amidst the Royal Mail postal strikes of the 1970s, DX Group has been in private ownership since 2006 and combines DX Network Services Ltd, DX Secure (previously Secure Mail Services (SMS)) and, as of 15 March 2012, DX Freight, previously known as Nightfreight GB until it acquisition in 2012.
History
Established in 1975 during the Royal Mail postal strikes of the 1970s, DX became the only next-day alternative for business mail delivery.
DX Group's origins lie within the legal sector, with the DX Document Exchange members' network supplying the majority of the top legal firms within the UK. It became part of the Hays plc group in the 1990s but was demerged in 2004 when Hays disposed of its logistics businesses. With the acquisition of DX Secure (Secure Mail Services), DX became a more prominent player for mail and courier deliveries to residential addresses. This is a market which has in recent years experienced a huge increase in popularity and volume due to internet shopping.
On 27 February 2014 DX began trading on the London Stock Market's AIM subdivision
Competitors
Major UK competitors include Royal Mail, Hermes, Parcelforce and Yodel. Due to the nature of the freight Tuffnells are their biggest competitors. In addition to these carriers, DX Group competes with a variety of international operators, including FedEx, DHL and UPS.